The World Block Chart and Cryptocurrency Summit Chisinau (WBCSummit Chisinau) took place on May 11 in Chisinau, Moldova. The third world summit on cryptocurrencies and blockchain was held with the full support of the state.
At the blockchain and cryptocurrency-oriented conference, the first regional crypto exchange of Moldova and the first token, DTMI Token, which comes in the context of the exchange, were presented. To date, the technical details of the startup are unknown, as well as the trading conditions on the exchange. It is only stated that the platform for trading digital currencies was developed and launched on the initiative of the Digital & Distributed Technology Association, the first blockchain association founded by Lee Gibson Grant. The association (DTMA), created earlier this year in Moldova, sees its mission in introducing the principle of distributed registries into the living economy of the country.
At the first stage, transactions will be available with the Moldovan leu, Russian ruble, US dollar and euro, as well as ten cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, DASH, Ethercoin, Ethereum, Monero, Nextcoin, ZOZO Coin, and its own DTMI Token, which will soon be available for exchange.
Sharon Greenberg, the main speaker of the event, told those present that Drachmae Market is built on innovative technology, provided by the American-Israeli startup Agura. Greenberg explained that the crypto platform is designed for both private traders and professional investors. He noted that as the Drachmae exchange develops, it will expand its listing and offer an increasing number of currency pairs.
DTMA has been focused on cooperation with regulatory structures since its inception and hopes for successful negotiations on the creation of a technology zone with tax incentives for blockchain startups. At the summit, Gibson especially noted that the National Bank of Moldova indirectly allowed the new structure to carry out exchange operations with cryptocurrency. This was confirmed by a document from the Central Bank stating that there is no legislative framework for operations with cryptocurrency in the country, and therefore there is no need for a separate permit to work with crypto assets. Thus, conditionally allowing the new structure to carry out exchange operations with cryptocurrency. The creators of the exchange decided to use the principle “what is not prohibited is permitted.”
It should be noted that the National Bank of Moldova previously voiced its opinion on the prospects of distributed technologies in the field of finance and the possibility of using blockchain in Moldovan banks.
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